Markus K. said:Yes Ned,
that's what I mean.
I just don't understand the prices for the OF2000 in America and Germany.
Dave Ronyak said:Markus K. said:Yes Ned,
that's what I mean.
I just don't understand the prices for the OF2000 in America and Germany.
My guess is that two factors predominate in setting the USA pricing:
1) Startup in a new market, and needing to be competitive against other tool brands already established in USA such as DeWalt, Milwaukee, Porter Cable, Makita, etc. when Festool first came to USA a few years ago,
2) Exchange rate between Euro and US dollar. When Festool first began marketing in USA, the dollar and Euro were near parity. Since then the Euro has greatly increased in relative value, to about $1.54 per Euro. It's hard to move prices up rapidly, especially when you are still developing a customer base in the new market, and the competition is still there. I note that the German auto makers have acted similarly to Festool, even though they have been in the USA market far longer. You can buy a German car here for not much more in dollars than a German has to pay in Euros. If the $/Euro exchange rate doesn't soon begin to move toward parity, my guess is that all German (and other European) products are going to become a lot more expensive in USA because their manufacturers cannot continue to absorb these differences indefinitely. Their businesses exist to make profits, too.
Dave R.
greg mann said:Dave, I don't think the issues can be stated any better than this.
Ned Young said:greg mann said:Dave, I don't think the issues can be stated any better than this.
Agreed.
And wouldn't it be odd if, while we're moaning about high prices, Festool was actually losing money at the current prices and exchange rate? It is possible.
Even if they're not losing money, my hat's off to Festool, doing what only a privately held, capitalist company can do well--decide to take risks or forego today's profits for the sake of a future goal.
Ned
Markus K. said:Hello Christian,
nice to meet you here, it's the first Time I talk English to an Austrian, but we're on an American Board!
servus
Markus
Matthew Schenker said:Good Morning,
Following up on the success of the MFT3 discussion, I realized it would be a good idea to post an open-ended thread on each new tool release, where we can collect member opinions, questions, and feedback in one place. This does not have to be the only place we discuss the tool, but it can help bring our thoughts together. After the tool is released, these discussions can make future searches on the forum more productive.
This discussion is for the OF2200 Router. View Festool's OF 2200 Micro Website.
So, what are your questions, interests, opinions, and suggestions on the OF 2200?
Festool is listening!
Matthew
Dan Clark said:Tom,
IMO, unless Festool moves manufacturing to China (shudder!), that won't happen.
Regards,
Dan.
Brice Burrell said:Dan Clark said:Tom,
IMO, unless Festool moves manufacturing to China (shudder!), that won't happen.
Regards,
Dan.
Dan you're right and that is why I not sure Festool will be here in five years. When Festool's prices are going through the roof and the competition doesn't move theirs.....
Brice,
I am very sure Festool will not only be here in 5 years, but will have increased its' market share - bigtime. No, I don't see them having the sames sales as Dewalt or Makita - yet, but there will always be a market for the highest quality tools. I do also understand that the price of the 2200 will take it out of consideration for many customers, but Festool still has the OF 1400 and 1010 routers, which fit most handheld routing needs.
Bob
Don T said:Timme did you have the DC hooked up? It looks like olot of shavings. It did make good cut.